AGP Executive Report
Last update: 4 hours agoStrait of Hormuz Defence: The UK is sending mine-hunting drones, counter-drone systems, Typhoon jets and HMS Dragon, backed by £115m, to protect shipping as tensions keep pressure on global supply chains. Copper Tightness: Copper jumped to near-record $14,196.50/ton after eight straight gains, driven by disruptions at major mines and a Middle East sulfur shortage hitting processing. Gold & Rates: Gold slipped near $4,700 as renewed US inflation worries lifted rate-hike bets. Cobalt Supply Deal: A US firm’s Arizona processing plan gained momentum via a long-term framework deal for Congolese cobalt hydroxide, targeting a big share of US refined demand. Local Conflict & Rights: In Cambodia, a land-dispute protester says police pressured him to sign an agreement tied to a politically connected mining network; in Australia, Yindjibarndi traditional owners are weighing an appeal after a record $150m native title payout. Project Updates: Locksley optioned NSW’s Iron Duke copper-gold near Tottenham; Aurum lifted Boundiali resources to 3.22Moz ahead of its PFS. Market Watch: India’s NLC India surged 19% on strong Q4 earnings.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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